BSEBoard Meeting10 Aug 2026 · 10 Aug 2026, 06:20 pm

Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the unaudited standalone and consolidated financial results of the Company for ....

PC Jeweller Ltd · 534809

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PC Jeweller Ltd has reported robust operational performance in Q1FY27 with a 21% YoY increase in consolidated revenues to Rs 877 crores, driven by improved customer demand and footfall. The company has also made significant progress in its deleveraging journey, repaying 7 out of 14 consortium banks and discharging 96% of the outstanding debt of the remaining 7 banks. The company plans to raise up to Rs 1,000 crore through a QIP to support future growth opportunities and strengthen its financial flexibility.

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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment8/10

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PC Jeweller Ltd - 534809 - Board Meeting Outcome for Financial Results For The Quarter Ended June 30, 2026

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Date: 10/08/2026 To, To, The Listing Compliance Department, The Listing Compliance Department, BSE Limited, National Stock Exchange of India Limited, P. J. Tower, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Mumbai - 400001 Bandra (East), Mumbai - 400051 Scrip Code: 534809 Symbol: PCJEWELLER Sub.: Outcome of the Board Meeting - Financial Results Dear Sir/ Ma'am, This is to inform that the Board of Directors of the Company at its meeting held today i.e. August 10, 2026, inter-alia, has considered and approved the unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2026 and took note of the limited review reports issued thereon by Statutory Auditor. Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2026, the limited review reports issued thereon by Statutory Auditor and the highlights. The Board meeting commenced at 5:00 P.M. and concluded at 6:05 P.M. Kindly take the above on record. Encl.: As above PC Jeweller Limited Regd. Office: 2713, 3n1 Floor, Bank Street, Karol Bagh, New Delhi-110005 Ph. : 011 - 49714971 Fax: 011 - 49714972 info@pcjeweller.com • www.pcjeweller.com • CIN: L36911DL2005PLC134929 Highlights • The Company continues to showcase robust operational performance in 01 FY27 riding on improved customer demand and footfall, reflecting significant progress in its ongoing turnaround journey. Its Consolidated revenues increased by approximately 21 % year-on year to Rs 877 crores. A summary of the Company's Consolidated financial performance is presented below - · · (Rs. In Crores) Parameter Q1FY27 Q1FY26 Chan(le Sales 877 725 Increase by 21 % Gross Profit 260 144 Increase by 81 % Operatinq EBITDA * 242 127 Increase bv 90% Operating PBT* 223 81 Increase by 176% * excludes other income • The Company's Consolidated Operating PAT (i.e PAT excluding other income) rose to Rs 213 crores in Q1FY27 from Rs 79 crores in Q1FY26, registering a growth of 168%. • The Company has made significant progress in its deleveraging journey and has fully repaid and discharged the debt of 7 out of 14 consortium banks as on date, with all repayments completed ahead of scheduled due dates. Further, the company has discharged more than 96% of the outstanding debt of the remaining 7 banks as well. The company remains firmly on track to achieve a debt-tree status in ongoing quarter itself, which will materially strengthen its balance sheet and financial position. · • The company's fund raising of Rs 2,702.11 crores via Preferential issue of fully convertible warrants was completed successfully during the quarter ended June 2026 with realization of 93% of the issue proceeds. Also, since the end of the quarter, the Company continued to receive strong promoter support, reflected in the conversion of an additional 4.16 crore warrants into equity shares. This showcases continued confidence in the Company's growth prospects, strengthens the equity base, and further aligns promoter interests with long-term shareholder value creation. • In line with its long-term growth strategy, in July 2026, the Board has approved raising up to Rs 1,000 crore through a Qualified Institutional Placement (QIP), subject to requisite approvals. The proposed fund raise will be primarily used to support future growth opportunities, strengthen financial flexibility and enhance the Company's ability to scale its operations. • PCJ Mining SARL, a step-down subsidiary of the • Further, the response received by the company from prospective business partners for establishing large format franchisee showrooms with them has been very encouraging. The company has already executed MoU's with the National Skill Development Corporation (NSDC) under the Ministry of Skill Development & Entrepreneurship, Government of India and with the Government of Uttar Pradeshunder the CM YUVA scheme for onboarding of entrepreneurs under 1the PC Jeweller brand. These strategic partnerships shall reap long term benefits for the company. • The Company remains committed to building a stronger, more resilient and growth-oriented organisation creating long-term value for shareholders and other stakeholders. AH P N & ASSOCIATES I NOIA Chartered Accountants Independent Auditor's Review Report on Unaudited Standalone Financial Results of PC Jeweller Limited for the quarter ended 3Qth June, 2026 Pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors PC Jeweller Limited New Delhi 1. We have reviewed the accompanying statement of unaudited standalone financial results ('The Statement') of PC Jeweller Limited (the "Company") for the quarter ended 30th June, 2026 being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('listing Regulations'). 2. The statement, which is the responsibility of the Company's management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard Interim Financial Reporting (Ind AS 34) prescribed under Section 133 of the Companies Act, 2013 ("the Act") as amended, and other accounting principles generally accepted in India and is in compliance with presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free from material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013, and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion on the Statement. 4. Basis for Qualified Conclusion: - (i) As disclosed in Note No. 5 to the accompanying Statement, the Company, during the financial year ended 31st March, 2019 had extended discounts amounting tot 513.65 Crore to its export customers, which were adjusted against the revenue recognized for the said year. The Company had initiated the process for compliance with the requirements of the Master Directions on Export of Goods and Services issued by the Reserve Bank of India and has subsequently obtained approvals from the authorized dealer banks for reduction in export receivables corresponding to discounts amounting tot 330.49 Crore. However, in respect of the remaining discounts aggregating to t 183.16 Crore, the requisite approvals and supporting documentation were not available for our review. Consequently, we were unable to determine whether any adjustment to the accompanying Statement may be necessary in respect of these transactions. The auditor's conclusion in the Limited Review Reports on the financial results for the periods ended 3pt March, 2019 to 3pt March, 2026 was also modified in respect of this matter. (ii) As disclosed in Note No. 6 to the accompanying Statement, export receivables outstanding for more than nine months have been restat [Showing first 8,000 characters — download PDF for full document]